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5. Film and Television Costs, Net | 12 Months Ended
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Dec. 31, 2020
Film, Capitalized Cost [Abstract] |
Film and Television Costs, net | Note 5: Film and Television Costs, Net As of December 31, 2020, the Company had net Film and Television Costs of $11,828,494 compared to $9,906,885 at December 31, 2019. The increase relates primarily to the production and development of Rainbow Rangers Season 2 and Stan Lee’s Superhero Kindergarten Season 1 offset by the amortization of film costs associated with the revenue recognized Rainbow Rangers Season 1 and Season 2. During the years ended December 31, 2020 and December 31, 2019, the Company recorded Film and Television Cost amortization expense of $979,598 and $2,230,024, respectively. The following table highlights the activity in Film and Television Costs as of December 31, 2020 and 2019: Film and Television Costs, Net
|  | Total |
Film and Television Costs, Net as of December 31, 2018 |  | $ | 8,166,131 |
Additions to Film and Television Costs |  |  | 3,920,013 |
Capitalized Interest |  |  | 50,765 |
Film Amortization Expense |  |  | (2,230,024 | )
Film and Television Costs, Net as of December 31, 2019 |  |  | 9,906,885 |
Additions to Film and Television Costs |  |  | 2,901,207 |
Capitalized Interest |  |  | – |
Film Amortization Expense |  |  | (979,598 | )
Film and Television Costs, Net as of September 30, 2020 |  | $ | 11,828,494 |

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